Bob Owns a Watch Repair Shop $c ( x ) = 4 x ^ { 2 } - 288 x + 50$

question 211

Multiple Choice

Bob owns a watch repair shop. He has found that the cost of operating his shop is given by $c ( x ) = 4 x ^ { 2 } - 288 x + 50$ where x is the number of watches repaired. How many watches must he repair to have the lowest cost?

• A) 50 watches
• B) 36 watches
• C) 25 watches
• D) 40 watches

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Definitions:

Fair Value

A measure of the price at which an asset would change hands between willing parties, neither being under compulsion to buy or sell.

Par Value

The face value of a bond or the stock value stated in the corporate charter, which often bears no relation to its market value.

Consolidated Buildings

Consolidated buildings involve the aggregation of building assets owned by a parent company and its subsidiaries for financial reporting purposes.

Acquisition Business Combination

A transaction or deal where one company purchases or merges with another company to expand its business operations.